Aristides Capital LLC Has $330,000 Position in Laureate Education, Inc. (NASDAQ:LAUR)

Aristides Capital LLC lifted its holdings in Laureate Education, Inc. (NASDAQ:LAUR) by 25.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,034 shares of the company’s stock after buying an additional 3,626 shares during the period. Aristides Capital LLC’s holdings in Laureate Education were worth $330,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Asset Management One Co. Ltd. boosted its position in Laureate Education by 21.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company’s stock worth $1,390,000 after acquiring an additional 13,540 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Laureate Education by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company’s stock worth $39,892,000 after purchasing an additional 35,521 shares during the period. Burney Co. purchased a new position in Laureate Education during the fourth quarter valued at approximately $666,000. KBC Group NV increased its stake in Laureate Education by 48.4% in the 4th quarter. KBC Group NV now owns 6,049 shares of the company’s stock valued at $111,000 after buying an additional 1,974 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Laureate Education in the 4th quarter worth approximately $310,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Laureate Education Stock Down 6.5 %

Shares of Laureate Education stock opened at $18.98 on Monday. The stock has a 50-day simple moving average of $19.65 and a 200-day simple moving average of $18.38. Laureate Education, Inc. has a 52-week low of $13.26 and a 52-week high of $21.73. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 9.78 and a beta of 0.43. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.42 by $0.20. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. The company had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. On average, equities research analysts expect that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, BMO Capital Markets boosted their price target on shares of Laureate Education from $21.00 to $23.00 and gave the company an “outperform” rating in a report on Monday, February 24th.

Insider Buying and Selling at Laureate Education

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.32% of the company’s stock.

Laureate Education Profile

Laureate Education, Inc, together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.